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The growing number of cross-border acquisitions has in many countries raised concerns about labor demand consequences … affect the volatility of employment, or rather, the wage elasticity of labor demand. We analyze whether the wage elasticity … of labor demand differs between multinational and non-multinational firms as well as between foreign-owned and domestic …
Persistent link: https://www.econbiz.de/10005207058
recent literature in international economics and define the division of labor in terms of job tasks. Our econometric results … comparison, dividing labor according to educational attainment does not capture the found effects on relative labor demand. …
Persistent link: https://www.econbiz.de/10005645336
This paper examines the effect of FDI on job creation in the Chinese manufacturing sector. As one of the world’s largest recipients of FDI, China has arguably benefited from foreign multinational enterprises in various respects. However, one of the main challenges for China, and other...
Persistent link: https://www.econbiz.de/10005645395
Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...
Persistent link: https://www.econbiz.de/10005645422
Many developing countries would like to increase the share of modern or formal sectors in their employment. One way to accomplish this goal may be to encourage the entrance of foreign firms. They are typically relatively large, with high productivity and good access to foreign markets, and might...
Persistent link: https://www.econbiz.de/10008565792